Proximity to New York City Draws First-Time Homebuyer to The Lenox in Union City

UNION CITY, N.J. – The old real estate adage “location, location, location” certainly had a prominent role in Loren Kleinman’s recent search to purchase her first home.

Ms. Kleinman was already enjoying one of New Jersey most dynamic downtown environments in a rental home in Montclair, N.J., widely known for its restaurants, culture and nightlife. Yet, something was still missing. Ms. Kleinman wanted to be closer to the world-renowned entertainment and business pursuits of New York City.

“A main reason we began looking to purchase was better access to New York City,” she says. “But we also wanted a home that offered an in-building gym, was in walking distance to shops, had a professional on-site management services and provided parking.”

To find her new address, Ms. Kleinman enlisted the help of Paul Marques of Weichert Realtors Hoboken office. Her initial search took her to condominium buildings in Jersey City and Hoboken, some of the most popular urban destinations for those looking for ease of commute into Manhattan.

“We found both Cities to be too expensive,” Ms. Kleinman recalls.

That’s when Mr. Marques suggested The Lenox, a collection of newly-renovated condominiums located on Central Ave. in Hudson County’s Union City. The 16-story high-rise building offered an exciting suite of recreational and social amenities and was situated less than 3 miles from New York City. Two of Ms. Kleinman’s main criteria had been filled.

Homes themselves at The Lenox have been fully renovated and include designer interior appointments and features, affordably priced from just $179,000. The Lenox’s upscale and convenient urban living offered everything Ms. Kleinman desired and her decision to purchase a one-bedroom condominium was quick.

“We bought a home on the 17th floor and the views are amazing,” she says. “The pricing provided great value which is enhanced by the fact heat, hot water and gas, along with all the amenities and building security, are included in the maintenance fees. The City’s tax abatement helped keep the cost moderate and played an additional role.

“Of course, the proximity to Manhattan is ideal. The complimentary on-site shuttle to the Hoboken PATH Station is perfect. We’ve lived in our new home for three weeks and have already been to New York City four times!”

Adding to the attractiveness of The Lenox, Ms. Kleinman continues, was the modern and trendy layout of her new home with state-of-the-art appliances, hardwood floors, large windows and an open and airy floorplan.

Ms. Kleinman is one of many first-time homebuyers, young professionals and families who have found the value, price and location of The Lenox a popular alternative to the more expensive homes in Hoboken, Jersey City and beyond.

“The Lenox has quickly caught the eye of purchasers from throughout Hudson and Bergen Counties and neighboring locations looking to purchase a well-priced, luxury condominium in a fully-amenitized building with proximity to New York City and all that the Gold Coast has to offer,” says Abe Tress, Director of Acquisitions of Sun Equity Partners, developer of The Lenox.

“As a result, more than 50% of the building’s homes are sold.”

Available for immediate occupancy, the newly-released studios, one- and two-bedroom residences range in size from 535 to 1,089 square feet of living space. Designer finishes found throughout the homes include hardwood floors, kitchens with stainless steel GE appliances, custom white gloss kitchen cabinetry and quartz countertops with marble backsplashes; and spa-like bathrooms with imported tile walls and floors and Moen shower fixtures.

“Select homes also offer balconies with incredible views,” adds Kelly Marzullo, Director of Marketing for The Lenox. “Residences facing east enjoy the spectacular expanse of the Hudson River and Manhattan Skyline, while other exposures include sunsets over the preserved wetlands to the west and nearby Washington Park.”

Bolstering the enviable lifestyle at The Lenox are a number of Manhattan-style amenities, including an onsite 24-hour concierge to handle specific needs and requests, magnificent lobby, state-of-the-art fitness center, residents’ lounge and a clubroom with pool table and flat screen TV.

In addition to its attractive pricing, stylish homes and exciting amenities, The Lenox also offers residents an ultra-convenient location close to mass transportation and major thoroughfares, providing easy access to New York City, New Jersey’s Hudson River ‘Gold Coast’ and Bergen, Essex and Passaic Counties.

“The building is also one block away from NJ Transit Bus Stop with direct service into New York’s Penn Station, and the Hudson-Bergen Light Rail is a 15-minute walk away at Hoboken’s 8th and Jackson Streets platform,” Ms. Marzullo points out.

An abundance of shopping, restaurants and nightlife can be found near The Lenox in downtown Union City, Edgewater, Hoboken and Jersey City.

Fully furnished model homes are now open at The Lenox. Merchandised by prominent interior designer Debbie Weisman of T.D. Designs, the residences illustrate the comfort, value and appeal of the building.

The Lenox is approved for favorable financing programs offered by the Federal Housing Authority (FHA) that require only a 3.5% down payment.

For additional information on The Lenox, please call (201) 866-8768 or visit www.thelenoxcondosnj.com. The building’s Sales Center is open by appointment only. Open Houses are conducted on Sundays from 1 p.m. to 3 p.m.